pillar/IMG-A2228602_1.jpg
1 day on Market

44 Magnolia Cres, Calgary, Alberta T3M 3M8

Detached
4 + 2
5 + 1
~2587.80 sqft
$1,049,900
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Detached
4 + 2
5 + 1
~2587.80 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$405/sqft

Est. Mortgage$4,509/mo

Maintenance fees$582/mo

Tax Amount (2025)$5,417/yr

Days On Market1 day


Description

This exceptional EXECUTIVE RESIDENCE is virtually brand new and nestled on one of the largest PIE-SHAPED lots in Mahogany, offering unmatched privacy with NO REAR NEIBHBORS. Built by Excel Homes, the Hawthorne model delivers a thoughtful, modern floor plan that’s ideal for both everyday living and entertaining. Inside, the home is FLOODED WITH NATURAL LIGHT through expansive windows and enhanced by CUSTOM window coverings throughout. Boasting 6 bedrooms and 4.5 bathrooms, this home is perfectly suited for large or multi-generational families. The lower level has been developed as a 2 bedroom LEGAL suite - fully accessible from the main floor as well. The main level features LUXURY VINYL PLANK flooring, a LARGE foyer adjacent to a mudroom with pocket door access from the garage. A SPACIOUS dining area is complemented by an adjacent PRIVATE OFFICE/DEN. The bright, open-concept living room includes a sleek ELECTRIC fireplace. The gourmet kitchen is stylish, a CHEF'S DREAM, equipped with upgraded appliances, a gas cooktop, built-in oven and microwave, soft-close cabinetry, quartz countertops, a walk-in pantry, and a substantial quartz island with extra seating. A spacious dining nook comfortably fits a table for ten and overlooks the MASSIVE backyard, already partially fenced and awaiting final grading by the builder. A stylish half bath completes the main floor. Upstairs, the bonus room with vaulted ceiling offers additional living space alongside four generously sized bedrooms—each with walk-in closets. Two of the bedrooms feature private ensuites, including the luxurious master retreat, complete with double vanity, soaker tub, separate shower and spacious walk in closet. A main bathroom with dual vanities completes the upper level.  The professionally developed lower level, finished by the builder, includes a LEGAL two-bedroom suite—ideal for rental income, extended family, or additional living space. It features its own KITCHEN, family room, bathroom, laundry room and a private side entrance. Currently set up as a short-term rental, this space offers great versatility. Located in Mahogany, one of Calgary’s most desirable lake communities, this home grants access to a 64-acre lake with year-round recreation (swimming, boating, fishing, skating, etc), 74 acres of wetlands, 22 kilometers of pathways, and nearby urban village amenities, schools, easy access to major transportation routes. With tranquil views of a neighboring farmer’s field, this rare property blends luxury, space, and serenity in an UNBEATABLE location.


Property Details

Style2 Storey
View-
Age of property2024
SqFt~2587.80 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2228602
Community NameMahogany
Data SourcePILLAR 9
Listing byRE/MAX Landan Real Estate

Features

Heating: Forced Air,Natural Gas
Basement: Finished,Full

Main Floor

Living Room

14`7" x 12`11"

Dining Room

12`11" x 8`2"

Kitchen

14`4" x 8`6"

Breakfast Nook

11`5" x 9`7"


Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Jun 6, 2025
ListedActive
$1,049,900
1 day on market
history photo preview50
Listing by pillar 9®
Property listed by RE/MAX Landan Real Estate, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

29 days

2023

33 days

New Listings

Past 30 days

55 listings

Compared to

2024

25 listings

2023

28 listings

Units sold

Past 30 days

37 units

Compared to

2024

17 units

2023

20 units

Median Sold Price

Past 30 days

$720,000

Compared to

2024

$778,000

2023

$832,500


Population and Demographics

Overview

Total population 8309
Average household income $151,401

Age (%)

0 to 19
30%
35 to 49
30%
20 to 34
22%
50 to 64
10%
65 and plus
7%

Household composition (%)

Single family
72%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
79%
Tagalog (Pilipino, Filipino)
4%
Spanish
4%
Russian
2%
Mandarin
1%
Arabic
1%
French
1%
Punjabi (Panjabi)
1%
Korean
1%
Others
0%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget